"Obama administration encouraged by steady unemployment rate."  LA Times headline, March 5, 2010."This morning we learned that in February our economy lost an additional 36,000 jobs.  Now, this is actually better than expected, considering the severe storms all along the East Coast..." President Obama."Today is a big day in America.  Only 36,000 people lost their jobs today, which is really good."  Senate Majority Leader Harry Reid.Source:  Bureau of Labor Statistics.Hoven's Index for March 7, 2010Job losses over various time periods:February 2010:  36,000Since the stimulus was passed (Feb 2009 to Feb 2010):  3,297,000The Obama Presidency (Dec 2008 to Feb 2010):  4,802,000Job gains during the Bush Presidency (Dec 2000 to Dec 2008):  5,466,000Source:  Bureau of Labor Statistics.Graph of the Day Archive.(Read Full Post)